Avjo
New Member
I just put in a contract on a boat based on a listing that recorded a certain number of engine hours. The boat has very low hours and even if it had 2-3X the number of hours from the listing, it really wouldn't matter. When the seller countered, I was told that there is some issue with the hour counter that caused it to keep counting when the engine was off, but the display was powered up. No one seems to be able to even give me an estimate of what the counter reads, which leads me to believe that it is showing a ridiculous number. I will obviously get that number, but just thinking in advance about what to do next.
Some questions:
1. Does the whole story sound plausible?
2. How concerned should I be? Obviously, the seller didn't put this in the listing -- probably not surprising, but obviously they seem to fear it will affect the deal because it has now been mentioned, but the vagueness is still disconcerting.
3. Assuming I still want to go forward with this, how should I protect myself? Obviously, I will get a survey, but the youthfulness of the boat had me of the mindset that I would not have a separate engine survey. I guess that should now be on the table. Anything else?
4. What are the perceptions on how this effects resale? I know to some extent, this depends on what we are seeing, but if it has the hours the seller says, the engine is a baby. Assume the counter shows it as mature. By the time I sell it, the engine could be mature, but the counter shows it as ragged out. Obviously a compression test sorts this out, but in the meantime, have I scared away a lot of buyers?
Thanks for the thoughts.
Avjo
Some questions:
1. Does the whole story sound plausible?
2. How concerned should I be? Obviously, the seller didn't put this in the listing -- probably not surprising, but obviously they seem to fear it will affect the deal because it has now been mentioned, but the vagueness is still disconcerting.
3. Assuming I still want to go forward with this, how should I protect myself? Obviously, I will get a survey, but the youthfulness of the boat had me of the mindset that I would not have a separate engine survey. I guess that should now be on the table. Anything else?
4. What are the perceptions on how this effects resale? I know to some extent, this depends on what we are seeing, but if it has the hours the seller says, the engine is a baby. Assume the counter shows it as mature. By the time I sell it, the engine could be mature, but the counter shows it as ragged out. Obviously a compression test sorts this out, but in the meantime, have I scared away a lot of buyers?
Thanks for the thoughts.
Avjo